2322 Briarport DrHoustonTX77077
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Houston at 2322 Briarport Dr, Houston, TX, 77077 priced at $428,000 converts $7,604/mo rent into $4,348/mo cash flow after a $2,095/mo obligation. Total monthly income equals $7,604/mo, and annual cash flow totals $52,178/yr on $141,882 invested. Return on cash invested prints 56.68% in year one, and rental yield reads 21.32% against a $428,000 entry. Equity gained on principal adds $2,762/yr, while 5% annual appreciation compiles into $118,249 by year five. Five-year ROI reaches 301.94% and total cumulative return in cash sums $428,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,604/mo property income covering a $2,095/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
$598 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Housing Distribution
Address Breakdown
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listed for sale | $428,000 |
| 2024-08-13 | Listing removed | N/A |
| 2024-08-08 | Pending sale | $435,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $9050.32 | -0.81% | $449,190 | 8.39% |
| 2022-08-31 | $9124.67 | N/A | $414,402 | 6.24% |
| 2021-08-31 | N/A | N/A | $390,053 | -7.30% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1972
- Architectural Style: Traditional
- Building Area: 3,595
- Living Area: 3,595 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Electric, Ceiling Fan(s)
- Flooring: Laminate, Tile, Vinyl, Wood
- Interior Features: Primary Bed - 1st Floor, Walk-In Closet(s), Countertops(Granite)
- Exterior Features: N/A
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $598 annually
- Association Fee: $598 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Daily Elementary School
- Middle School: West Briar Middle School
- High School: Westside High School
Listed by: Tai Dinh • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #47711786
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